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Asia-Pacific Candy Market to 2026, Future Outlook, COVID-19 Impact Analysis, Forecast 2020-2026

03-10-2021 11:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific Candy Market to 2026, Future Outlook, COVID-19

The Asia-Pacific candy market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The stable confectionary market sales across the region directly influence the growth of the candy market. The Asia-Pacific candy market is majorly driven by rising disposable incomes and increasing health awareness across the region. Additionally, the increasing activities of domestic players towards the development of novel and unique flavors are presenting a greater array of diverse candy products. For instance, in April 2019, Mars Inc. launched chocolate Candies in a lahuasheng flavor in China. Such activities are significantly expected to drive the Asia-Pacific candy market.

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A full report of Asia-Pacific Candy Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-candy-market

Furthermore, the significant consumer shift from indulgence to healthy-indulgence coupled with the increasing incidences of various lifestyle-related disorders including obesity and diabetes is turning consumers towards low & no-sugar and low-calorie candies. Various diet candy is also available in the market considering the trend of healthy diet consumption across the region. Besides, the domestic, as well as local manufacturers are also rebranding and reformulating their products to engage more and more health-conscious consumer base. The aforementioned factors are expected to impact the Asia-Pacific candy market positively during the forecast period.

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Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Type, By Flavor, By Distribution Channel
• Country Covered- China, India, Japan, South Korea, Rest of Asia-Pacific
• Competitive Landscape- EZAKI GLICO CO., LTD., Meiji Holdings Co., Ltd., Mondelez Global LLC, LOTTE Corp., ITC Ltd., Parle Products Pvt. Ltd.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and country dominate the market in the base year?
• Which segment and country will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Candy Market Report Segment

By Type

• Hard-Boiled Candies
• Pastilles, Gums, Jellies, and Chews
• Toffees
• Lollipop, Twist & Stick candy
• Others

By Flavor

• Caramel
• Chocolate
• Mint
• Coffee
• Fruits
• Other

By Distribution Channel

• Supermarkets/ Hypermarkets
• Convenience Stores
• Online Channel

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/asia-pacific-candy-market

Asia-Pacific Candy Market Report Segment- By Country

• China
• India
• Japan
• South-Korea
• Rest of Asia-Pacific

Company Profiles

• Chocoladefabriken Lindt & Sprüngli AG
• Derby
• EZAKI GLICO CO., LTD.
• Meiji Holdings Co., Ltd.
• Mondelez Global LLC
• MORINAGA & CO., LTD.
• Nestle S.A.
• Suncrest Food Makers
• The Hershey Co.
• Parle Products Pvt. Ltd.
• LOTTE Corp.
• ITC Ltd.
• Perfetti Van Melle Group BV

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

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